THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2023
Retail HR North 2024
Omnichannel Futures 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
260 jobs saved at Shuropody in pre-pack administration deal

Over 260 jobs have been saved at Shuropody after it was sold in a pre-pack administration deal. The shoe and podiatry retailer entered administration on 7… View Article

FASHION RETAIL NEWS UK

260 jobs saved at Shuropody in pre-pack administration deal

Over 260 jobs have been saved at Shuropody after it was sold in a pre-pack administration deal.

The shoe and podiatry retailer entered administration on 7 December and was immediately acquired by a subsidiary of Baaj Capital, a special situations investor which holds a number of other retail investments.

The news also means that all of the retailer’s 39 UK stores will remain open and continue to trade.

Gareth Harris, joint administrator and restructuring partner at RSM, said: “It is unfortunate that¬†Shuropody¬†has had to go through an administration process, but the legacy of the last couple of Covid years is still proving challenging to navigate for many businesses, including this one.

“Given the current economic climate the high street is seeing many retailers struggle so it is particularly pleasing to help save this business, and ensure employees will be paid as we run into the Christmas period.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News